Swedbank A

Board/Management Information • Mar 14, 2020

Rolf Marquardt new Chief Risk Officer (CRO) at Swedbank

Rolf Marquardt new Chief Risk Officer (CRO) at Swedbank

Rolf Marquardt most recently comes from Handelsbanken where he is CFO and has

worked in the financial area since 2002. For six years he was Chief Risk Officer

and he also has experience from compliance and risk control at group level in

Handelsbanken.

The recruitment of Rolf Marquardt helps to further strengthen a very important

key function within the bank. He has many years of banking experience from

several senior positions and also a good overview of the industry since time at

the Swedish Bankers' Association.

"I look forward to working with Rolf Marquardt who, with his solid banking

experience and

his deep knowledge of risk-related issues, will be a contribute  to Swedbank and

our executive management, says Jens Henriksson, President and CEO Swedbank.

Among other things, Group Risk is responsible for identifying, quantifying,

analyzing and reporting risks and conducting independent analyzes and stress

tests of how events in the outside world affect Swedbank.

In his new role, Rolf will report directly to the CEO and the board and be part

of the bank's Group Executive Committee. He will take up his position at

Swedbank at the latest at 1 October 2020.

Contact:

Unni Jerndal, Head of Press, Swedbank, tfn: +46 73-092 11 80

Swedbank encourages a sound and sustainable financial situation for the many

households and businesses. As a leading bank in our home markets of Sweden,

Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial

services and products. Swedbank has over 7 million retail customers and around

600 000 corporate customers and organisations with 168 branches in Sweden and 99

branches in the Baltic countries. The group is also present in other Nordic

countries, the US and China. As of 31 December, 2019 the group had operating

profit of 24 420 SEKbn. Read more at www.swedbank.com